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TopBuzz, which used machine-learning technology similar to TikTok’s to help recommend content to users, was launched in 2015. The move to shut down TopBuzz shows how ByteDance has struggled to crack the overseas news app market.

In a world governed by quarantine and social distancing rules, even lead managers on multi-billion dollar deals have had to curtail travel and drop the personal touch in favour of video conferences and phone calls to woo potential investors.

Since it started developing self-driving technologies in 2013, Baidu has yet to make money from autonomous driving. The company is committed to continuing to invest in the sector for at least the next seven years, the head of its autonomous driving unit Apollo says.

Alphabet Inc's Google has taken down an Indian mobile application from its app store that allowed users to remove other Chinese apps from their phones as it violated certain company policies, a spokesman said on June 3.